A blog fueled by enthusiasm about Saab, the greatest car company between the North and the South Pole. And their cars, which probably is the only cars that would start on a cold and crispy South Pole morning.

IMPORTANT NEWS: National Electric Vehicle Sweden has agreed to buy the assets of Saab Automobile and the sale is expected to be finalized during the summer.

Monday, September 5, 2011

Unions getting ready to file for bankruptcy

According to general counsel of the labor union IF Metall, Darko Davidovic, it is likely that the union will file for bankruptcy in Saab tomorrow afternoon. On Friday it was reported that the unions would probably wait around one week before filing for bankruptcy, but now something has changed.

"It is probablethat if nothing new has come up,no paymentorconcrete solution, we will decide to file for bankruptcy tomorrowafternoon.There's nothingtodaythat indicatesany other decision,andwewill not waitifwe have noreason to wait.We havea responsibility toour members," saidunion lawyerDarkoDavidovic to Di.se.

According to Davidovic, there is no indications that Saab has a solution within reach and tomorrow will be D-day for Saab.